Fast Retailing Q1 operating profit up 28.6 pct, beats estimates

TOKYO, Jan 11 (Reuters) - Japan's Fast Retailing Co Ltd , owner of clothing chain Uniqlo, on Thursday posted a 28.6 percent rise in operating profit for the first quarter, beating estimates, buoyed by strong overseas sales.

Asia's biggest clothing retailer said its operating profit came in at 113.9 billion yen ($1.02 billion) in the quarter ended November, versus 88.59 billion yen a year ago.

That compared with a 106.8 billion yen Thomson Reuters Starmine SmartEstimate, based on projections from 4 analysts.

Fast Retailing left its operating profit forecast unchanged at 200 billion yen for the year through August. ($1 = 111.8200 yen) (Reporting by Sam Nussey; Editing by Himani Sarkar)